All hazard and flood insurance shall be carried with a company or companies satisfactory to the Secretary and the policies and renewals thereof shall be held in the possession of the Secretary and contain a mortgagee loss payable clause in favor of and in a form satisfactory to the Secretary.
The language in IRC Section 408(m) clearly stated that IRS approved bullion must be held in the "physical possession" of a financial institution or an IRS-approved nonbank custodian, such as a depository.
Tangible forms of all metals, held in your own possession, may someday be worth vastly more than at present.
But it's important to remember that social capital, unlike economic capital, is not a concrete entity that we hold in our possession, but rather a fluid and ever-shifting network of relationships that need to be nurtured continually.
Holding court at a spiritualist summer camp, Petra has a particular sensitivity to the story of the Mary Celeste and may, Grant gradually comes to understand, hold in her possession clues, if not a solution, to its puzzle.
Both of these things come on the heels of scientific discovery that proved we hold in our possession the keys to ending AIDS.
The 31-year-old is also being held in connection with the possession of a firearm and is in custody at a north London police station.
Mr Lebegue of Transparency International said investigations by lawyers' associations, non-governmental organisations and journalists indicate that the families own a "significant amount of property" in Paris, on the Cote d'Azur and in the Alps, as well as other possessions held in France including racehorses and luxury cars.
While in his possession, and held in a Swiss bank, Pulitzer wrote and published a book, entitled Where is the Mona Lisa?, in which he presented the case that the painting was an unfinished portrait of Lisa del Giocondo by Leonardo Da Vinci.
Our right to property is not absolute; our possessions are held in trust, as it were.
